EUR/USD: Further gains could retest 1.0785 near term – UOB – by pabspiovano EURUSD Currencies Majors Banks
24-hour view: “We expected EUR to ‘trade between 1.0700 and 1.0760’ yesterday. However, EUR edged to a high of 1.0776 before closing at 1.0755 . Upward momentum has improved a tad and EUR is likely to trade with an upward bias. That said, it remains to be seen if EUR can maintain a foothold above the major resistance at 1.0785 . Support is at 1.0735, followed by 1.0700.”
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/USD could confront 1.0785 in the near term – UOBIn the opinion of Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group, further upside could motivate EUR/USD to challenge the 1.0
Read more »
EUR/USD Price Analysis: Further upside targets the 1.0773/86 bandEUR/USD falters just ahead of Monday’s monthly peaks around 1.0760 on Tuesday. In case bulls remain in control, the pair should surpass the January hi
Read more »
EUR/USD: Further upside appears limited around 1.0760EUR/USD manages well to keep the trade in the area of multi-month peaks around 1.0740 so far on Tuesday. EUR/USD remains supported above 1.0700 The ge
Read more »
EUR/USD: Recent gains unlikely to continue – Crédit AgricoleEUR/USD climbed to its strongest level since early June above 1.0760 on Monday. Nonetheless, economists at Crédit Agricole CIB Research believe that t
Read more »
EUR/USD set to revert lower over the coming weeks – Danske BankEconomists at Danske Bank look for the EUR/USD pair to revert lower over the coming weeks. Scope for a top-and-turn in EUR/USD over the coming weeks “
Read more »
EUR/USD to see an eventual challenge of 1.0900/44 in Q1 – Credit SuisseEconomists at Credit Suisse expect the EUR/USD pair to test their 1.0900/44 target where they are then biased to look for a top. Move below 1.0198 nee
Read more »